New York & Company, Inc. (NWY) Announces Quarterly Earnings Results
New York & Company, Inc. (NYSE:NWY) posted its quarterly earnings results on Wednesday. The specialty retailer reported $0.02 earnings per share for the quarter, RTT News reports. New York & Company, Inc. had a negative return on equity of 7.85% and a negative net margin of 1.31%. The firm had revenue of $214.18 million for the quarter.
New York & Company, Inc. (NYSE NWY) traded down $0.04 during trading on Friday, hitting $2.35. The company had a trading volume of 246,302 shares, compared to its average volume of 80,883. New York & Company, Inc. has a 1-year low of $1.28 and a 1-year high of $2.65. The company has a quick ratio of 0.85, a current ratio of 1.47 and a debt-to-equity ratio of 0.14.
A hedge fund recently raised its stake in New York & Company, Inc. stock. Northern Trust Corp grew its position in New York & Company, Inc. (NYSE:NWY) by 1.2% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 104,475 shares of the specialty retailer’s stock after purchasing an additional 1,267 shares during the period. Northern Trust Corp owned approximately 0.16% of New York & Company, Inc. worth $143,000 at the end of the most recent quarter. Institutional investors own 82.02% of the company’s stock.
About New York & Company, Inc.
New York & Company, Inc is a specialty retailer of women’s fashion apparel and accessories. The Company’s branded New York & Company merchandise is sold through its national network of retail stores and online at www.nyandcompany.com. It operates approximately 490 stores, including over 80 outlet stores in over 40 states.
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